Flipster is a cryptocurrency exchange launched in 2021 that quickly gained popularity among traders. The platform offers more than 350 futures contracts and an attractive rewards system.
General Overview of Flipster Platform
Flipster targets traders interested in futures trading. As of 2023, the platform serves over one million users, offering more than $20 billion in monthly trading volume. Flipster operates in over 200 countries and provides a wide assortment of futures contracts, though the selection for spot trading remains limited.
Pros and Cons of Using Flipster
Advantages of Flipster include zero trading fees, high liquidity, and an easy-to-use interface. Disadvantages may include the limited selection for spot trading and mandatory identity verification. These factors may reduce the platform's appeal for some users.
Security Measures and Regulations
Flipster actively addresses security and compliance issues. The platform holds ISO/IEC 27001 certification and has implemented stringent user identification measures in accordance with KYC and AML regulations. To date, Flipster has not reported any hacks, and user assets are protected through Proof of Reserves.
Flipster continues to be a popular choice among users, offering a wide range of futures contracts and high levels of security. However, potential new users should consider the existing drawbacks.